|
- UID
- 217801
- 帖子
- 238
- 主题
- 115
- 注册时间
- 2011-5-24
- 最后登录
- 2012-9-12
|
it is a 6% floor.
LIBOR at the end of the 2nd year is 5.8%.
Difference between 6% and 5.8% discounted at 5.8% will be the Floor's payoff in the 3rd year. The 5.8% at the end of the 2nd year - is applicable to payoff in the 3rd year.
30 Mill * (0.06 - 0.058) / (1.058) = 56710.77
CP |
|
发表于 2011-7-13 16:55
|